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Investors Title Co. Message Board

  • pmlljl pmlljl Nov 2, 2001 4:33 PM Flag

    Refi boom

    An unprededented refi boom is taking place right now. This will lead to continued record earnings for ITIC and the other title insurance companies. Buy now or miss the boat!

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    • The refi boom continues. Interest rates still favorable for now and the foreseeable future. Investors will continue to favor real estate because they haave been burned in the stock market and they are not tempted to daytrade houses. And the killer reason is that most home owners can avoid income taxes even on very large gains. People hate to pay taxes so this is an irresistible reason to buy housing and the bigger the house the better.

      • 1 Reply to pmlljl
      • I agree, people do hate taxes. I just
        hope everyone realizes the if the power shifts
        people like tom dashal will be sure to repeal
        the free cap gains on housing, maybe start
        with what they think are rich people, like all
        houses above 200,000.00 hahaha remember you heard it hear first. But at least we are safe for the next 3yrs as long as bush is in.

    • when a refinance is done does the title insurance cost less than when buying a home?
      I don't really understand how it works.
      also this place is spam city, I think 5 out 6
      mess I read were all spam.....I have bought
      some REITS that do morgage refis because I agree with you most refis done in a long time
      this quarter, I have even refinanced at a lower
      rate with no pts even though I put 3pts down
      4ys ago...the 2 reits I have are NLY and AXM,
      look at them and tell me what you think. later
      man...

 
ITIC
71.86+0.32(+0.45%)Aug 29 3:53 PMEDT

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